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Write down the important formulas

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During the year, Lasko's repaid $12,500 in long-term debt, borrowed $8,400, paid $611 in interest and $740 in dividends, and had an operating cash flow of $16,207. The firm acquired $33,500 in new fixed assets and sold $8,400 of old assets. Net working capital declined by $1,592 during the year. What is the annual cash flow to stockholders?

Answer and working in the form of: "You are expected to clearly write down the important formulas (E.g. present value or future value formula, IRR, NPV, etc.) in letters and substitute numbers into formulas in separate steps"

Reference no: EM132527532

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